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Mt. Gox and BTC-Spot ETF Outflows Shake Market Sentiment
On Tuesday, July 23, BTC declined by 2.52%. Following a 0.08% loss on Monday, July 22, BTC ended the session at $65,895. Mt. Gox Sends BTC to Bitstamp to Repay Creditors: On Tuesday, Arkham Intelligence shared the news of Mt. Gox transmitting 5,110 BTC ($340.1 million) to four Bitstamp addresses. The transfer is part of over 141,000 BTC repayment to creditors after Mt. Gox collapsed in February 2014. BTC had a price of less than $600 in February 2014. A 10-year wait has Mt. Gox creditors sitting on sizeable gains. The broader market fears that oversupply could affect BTC prices. Kraken Distributes Mt. Gox BTC to ... (full story)
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- Posted: Jul 23, 2024 11:46pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 239
